Oil refining in Indonesia: emitters, CO2 & carbon value

8 tracked facilities, ≈7,685,347 t CO2/yr combined — here are the largest, what that CO2 is worth at current prices, and the sector's reduction pathway. Full sector pathway: decarbonizing oil refining.

The numbers

Oil refining in Indonesia at a glance

Metric	Value	Note
Facilities tracked	8	with CO2 estimates
Total est. CO2	7,685,347 t/yr	Climate TRACE 2023
Average per facility	960,668 t/yr
Gross value (full price)	€615M/yr	all tracked CO2 × €80.01/t EUA — before free allocation / EU-bound share

Carbon pricing here: Power-sector ETS since 2023 + small carbon tax planned; price ≈US$1–2 (World Bank State & Trends of Carbon Pricing 2025 / ICAP 2025). Current benchmark: no liquid market price. Full country page: carbon price in Indonesia.

Largest emitters

Top 8 oil refining CO2 emitters in Indonesia

#	Facility	Owner	t CO2/yr (est. 2023)	Indicative value
1	Pertamina Balikpapan Refinery	PT Pertamina (Persero)	2,494,736	€199.6M
2	Pertamina Cilacap Refinery	PT Pertamina (Persero)	1,700,445	€136.1M
3	Pertamina Dumai Refinery	PT Pertamina (Persero)	1,172,360	€93.8M
4	Pertamina Plaju Refinery	PT Pertamina (Persero)	907,248	€72.6M
5	Pertamina Balongan Refinery	PT Pertamina (Persero)	732,951	€58.6M
6	Pertamina Trans-Pacific Petrochemical Indotama Refinery	PT Pertamina (Persero)	384,427	€30.8M
7	Pertamina Sungai Pakning Refinery	PT Pertamina (Persero)	244,317	€19.5M
8	Pertamina Kasim Refinery	PT Pertamina (Persero)	48,863	€3.9M

Climate TRACE satellite estimates via IndustryAtlas — modelled, not verified; some entries aggregate clusters. Corrections welcome.

⬇ This table (CSV)🖨 PDF for management

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Same industry, other countries

Oil refining in United States

186,505,868 t CO2/yr

Oil refining in China

128,888,870 t CO2/yr

Oil refining in India

70,283,893 t CO2/yr

Oil refining in Russian Federation

59,137,040 t CO2/yr

Oil refining in South Korea

32,445,787 t CO2/yr

Other industries in Indonesia

Oil & gas production in Indonesia

55,989,923 t CO2/yr

Cement in Indonesia

37,228,291 t CO2/yr

Iron & steel in Indonesia

19,131,728 t CO2/yr

Pulp & paper in Indonesia

3,246,592 t CO2/yr

Aluminium in Indonesia

2,909,647 t CO2/yr

FAQ

Questions

How many oil refining facilities does Indonesia have with tracked emissions?

8 facilities carry satellite-based CO2 estimates in our dataset (Climate TRACE 2023), totalling ≈7,685,347 t CO2/yr.

What is the largest oil refining emitter in Indonesia?

Pertamina Balikpapan Refinery — ≈2,494,736 t CO2/yr (est. 2023). Estimates are modelled, not verified declarations.

What would this CO2 cost at the EU price?

The gross full-price value is ≈€615M/yr (all tracked CO2 × €80.01/t EUA). Actual EU ETS cost is lower — free allocation still covers most industrial emissions, phasing out 2026→2034.

How this page is built: heat-loss figures follow ASTM C680 / ISO 12241 (the method behind our public calculators); facility emissions from Climate TRACE & EU ETS verified data across 30,000+ industrial sites; the 2026–2034 schedule is Regulation (EU) 2023/956, not a forecast. Published by Inzonex Research. Spotted an error? Tell us — we correct on evidence.